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Class-action suit in Furniture Brands bankruptcy dismissed

2015-02-04 03:31:20| Furniture - Topix.net

Shareholders who filed a class-action lawsuit against the former Furniture Brands International and two of its top executives have no proof to back up their allegations that the executives misrepresented the company's financial performance and manipulated the books so they would qualify for bonuses, a federal judge ruled last week. Without that evidence, the allegations "amount to fraud by hindsight," U.S. District Judge Henry Autrey wrote in his opinion dismissing the lawsuit.

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Former Furniture Brands CEO lands new gig

2014-10-08 02:32:54| Food - Topix.net

Ralph Scozzafava , who resigned as chairman and CEO of Furniture Brands International after a group led by KPS Capital Partners bought its assets out of bankruptcy, has landed a top job with dairy products company Dean Foods . Dean Foods Co.

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Former Furniture Brands CEO lands new gig

2014-10-08 01:03:57| Furniture - Topix.net

Ralph Scozzafava, who resigned as CEO of Furniture Brands International after a group led by KPS Capital Partners bought its assets out of bankruptcy, has landed a top job with dairy products company Dean Foods.

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Furniture Brands' bankruptcy plan approved

2014-07-15 20:16:41| Furniture - Topix.net

Nearly all of the people and businesses that were owed money by the former Furniture Brands International voted in favor of the company's final liquidation plan, which received approval Monday by a U.S. Bankruptcy Court judge.

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Pace of Furniture Brands' liquidation may dent executive's bonus

2014-07-11 16:56:20| Furniture - Topix.net

Though the initial stages of Furniture Brands International's bankruptcy moved quickly, the final stages have moved more slowly than company and court officials expected.

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